Ethiopia's EV Market Sees Leap Forward with a 30% Market Share Target by 2030
2024/05/13
NEV, General News, Market Data
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Mercedes-Benz Partners with Geely on New EV Platform, China R&D Center Leads Global Compact Vehicle Development for First Time
According to 36Kr, Mercedes-Benz is developing a new EV platform codenamed 'Phoenix' using Geely's GEEA 4.0 E/E architecture, scheduled for production around 2030 to replace the current MMA platform for next-generation entry-level models including the A-Class, B-Class, GLA, GLB, and CLA. This marks the first time in the luxury brand's history that new platform development occurs outside Germany, with its China R&D centre serving as the global headquarters for compact vehicle development while the German base focuses on mid-size and large vehicles. The GEEA 4.0 architecture supports both EV and non-EV applications, succeeding the GEEA 3.0 debuted in the Geely Galaxy E5 (Proton eMas 7 twin). The move reflects Mercedes-Benz's cost-reduction strategy through deepened Geely partnership, following similar collaborations announced by Volkswagen and Stellantis with Chinese brands.
Geely Riddara Thailand Considers Local EV Production, Targets 3,000-5,000 Unit Sales for RD6 Electric Pick-up
Geely Riddara Thailand is evaluating plans for a local EV production facility following its October 2024 market entry with the RD6 electric pick-up. General manager Cao Feng expressed confidence in the long-term growth potential of BEV pick-ups despite current market slowdowns, citing superior energy efficiency over fossil fuel counterparts. The RD6 is priced between 899,000-1,299,000 baht, offering RWD and dual-motor 4WD variants with 63-86 kWh batteries, 815 mm wading depth and 1,030 kg payload capacity. The company targets 3,000-5,000 unit sales this year with new single-cab fleet variants, while exploring expansion into Myanmar, Laos, the Philippines and Malaysia.
Honda to End GM Fuel-Cell JV by Late 2026, Mass-Produce Next-Gen System in 2027
Honda will cease fuel-cell production at its Brownstown, Michigan JV plant with GM by end-2026 and dissolve the 2017-formed FCSM partnership. Leveraging joint achievements such as the 2024 plug-in CR-V e:FCEV, Honda will commercialise its next-generation self-developed fuel-cell system in 2027, positioning hydrogen as a new core business after 30-plus years of R&D.
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All-New Lexus ES to Open Pre-Orders on March 20 with Hybrid and Electric Powertrain Options
Lexus has announced the all-new ES will open pre-orders on March 20, featuring the brand's latest design language with both hybrid and battery-electric powertrain options. Initially imported before local production commences upon domestic factory completion, the sedan maintains a traditional three-box silhouette with coupe-like roofline, measuring 5,140 mm long with a 2,950 mm wheelbase. Design elements include semi-flush door handles, front fender charging ports, and full-width rear taillights. Hybrid variants ride on 18-inch wheels, while electric versions upgrade to 21-inch alloys.
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Toyota GR Yaris Type 26 Unveiled in Japan: Revised Steering Wheel and Bridgestone POTENZA RACE Tires, Orders Open April 6
GAZOO Racing has unveiled the partially upgraded GR Yaris Type 26 for Japan, with orders opening immediately and sales commencing April 6. The update incorporates motorsports-derived improvements including a redesigned GR steering wheel with reduced diameter and palm-optimized grips for 180-degree rotation without regripping, plus independently positioned illuminated switches. Enhanced EPS torsion-bar rigidity and modified control software expand torque detection range for reliable assistance with high-grip tires and extreme cornering loads. RZ "High Performance" and "Aero Performance Package" trims now feature newly developed Bridgestone POTENZA RACE tires with revised tread patterns and compounds for extended high-grip performance, paired with optimized damper characteristics. Configuration flexibility improves, allowing seat and steering wheel heaters with vertical parking brake and Navigation/Comfort Packages.
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Volkswagen ID.3 Neo Set for Mid-April Debut: Innovision Cockpit and Physical Steering Wheel Buttons Return
The Volkswagen ID.3 Neo, a comprehensive mid-cycle refresh, will debut mid-April as a stopgap until the all-new ID. Golf arrives in 2028. Exterior updates include a restyled front fascia with full-width light bar and illuminated VW badge for familial ID. Polo resemblance, plus body-colored roof and tailgate replacing the previous black finish. The cabin introduces the Innovision infotainment system with integrated app store, subscription functions, and app-free smartphone digital key, alongside 3.6 kW V2L capability. Physical steering wheel buttons replace maligned capacitive controls, with hoped-for climate control switches and a larger instrument display replacing the current 5.3-inch unit.